Pennsylvania Approves PMA Acquisition

Pennsylvania insurance regulators have given their OK to a planned acquisition of PMA Capital Cos. by Old Republic International Corp.

Pennsylvania is the statutory regulator for PMA, which is based in Blue Bell.

Chicago-based Old Republic expects to file its pending registration statement with the Securities and Exchange Commission. PMA has scheduled a shareholders special meeting date of September 21, 2010 for approval of the merger.

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Source: Old Republic International

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